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    Boyne City, MI
    Retail

    Boyne City, MI Retail Space for Sale

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    East Jordan, MI Boyne Falls, MI Petoskey, MI Walloon Lake, MI Charlevoix, MI Harbor Springs, MI Ellsworth, MI Elmira, MI
    Mixed-Use Building with Suite Mix
    Updated: May 11
    Mixed-Use Building with Suite Mix

    5 W Main Street, Boyne City, MI 49712

    $1,499,000
    10,560 sqft
    10,560 square feet of office and retail space
    16 suites with a mix of office and retail layouts
    9 restrooms throughout the building
    Largest suite measures 3,000 square feet
    20,000 square feet of controlled parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 W Main Street, Boyne City, MI 49712

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $132K
      Annual

    • Price @ 7% Cap

      $1.89M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Boyne City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Storefront Property with Courtyard
    Storefront Property with Courtyard

    175 E Main Street, Harbor Springs, MI 49740

    $875,000
    1,650 sqft

    Downtown commercial building offering private parking, gated outdoor space, and substantial basement storage.

    View details
    Open-Plan Retail Space
    Open-Plan Retail Space

    2160 Anderson Unit: 200, Petoskey, MI 49770

    Contact for pricing
    1,500 sqft

    Retail or office suite with extensive glazing, natural light, and a flexible interior ready for build-out.

    View details
    Warehouse and Retail Site
    Warehouse and Retail Site

    1619 Anderson Rd, Petoskey, MI 49770

    Contact for pricing

    For sale site positioned in Petoskey’s busiest retail sector, just south of downtown with traffic passing by.

    View details
    Harbor Springs Commercial Property For Sale
    Harbor Springs Commercial Property For Sale

    117 W Main St, Harbor Springs, MI 49740

    Contact for pricing
    1,224 sqft

    1224 sq ft commercial property in Harbor Springs, Michigan.

    View details

    Boyne City, MI Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Boyne City, MI on our real estate platform. These investment opportunities span a total of 10,560 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for retail space in Boyne City, MI average $1,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,177
    Population Growth (5Y) +1.7%
    Median Household Income $74,202
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

    Identify Boyne City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49712 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $1.90 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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